Cricut Inc Announces New General Counsel Appointment

The latest update is out from Cricut Inc ( (CRCT) ).

On April 29, 2025, Don Olsen, General Counsel and Corporate Secretary of Cricut, Inc., announced his intention to step down after nearly 18 years with the company to pursue another opportunity. He will remain with Cricut until July 1, 2025, to ensure a smooth transition. Matt Tuttle, who has been with Cricut for 15 years and most recently served as VP of Business Development/Associate Counsel for Intellectual Property, will succeed Mr. Olsen as General Counsel, effective April 30, 2025.

Spark’s Take on CRCT Stock

According to Spark, TipRanks’ AI Analyst, CRCT is a Neutral.

Cricut Inc.’s overall score reflects strong financial health with robust cash flow and profitability. However, declining revenues and technical indicators pointing to a bearish trend weigh on the score. The valuation is reasonable, and the company’s proactive investments in growth and product innovation are positive, but challenges in user engagement and sales performance remain.

To see Spark’s full report on CRCT stock, click here.

More about Cricut Inc

YTD Price Performance: -9.87%

Average Trading Volume: 394,258

Technical Sentiment Signal: Buy

Current Market Cap: $1.07B

For an in-depth examination of CRCT stock, go to TipRanks’ Stock Analysis page.